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Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

In the markets, we watched helplessly as real GDP plummeted -5% in 1Q20 and -31% in 2Q20 before rebounding by +33% in 3Q20. I’ve previously theorized that China would try to reclaim its global market share lost during the pandemic by flooding the markets with cheaper goods. This development could give us good news on inflation.

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Today In B2B: FLEETCOR's $1B M&A Plans; Statrys Lands Funding For SMB FinTech

PYMNTS

In particular, FLEETCOR is looking for companies to strengthen its position in the fuel, tolls, lodging, and payables spaces, and for companies operating in new regions. Greene said the merger slowdown is due largely to potential sellers being unable to convince buyers to pay “top dollar” during the ongoing pandemic recession.

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Alternative Payments, In A United State, For US Merchants

PYMNTS

Especially when it comes to doing business in far-flung markets. based firm looking to do business in those far-flung markets. Understanding the preferred, locally sourced alternative payment methods (APMs) can make or break a merchant’s eCommerce initiative, and credit cards do not always pass muster.

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Community banks most likely to approve small business loans

Abrigo

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year. When offering a higher money market or CD rate, the direct damage done to cost of funds is often the least of a bank’s worries.

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NEW REPORT: Can Subscription Services Meal Kit-ify Mental Health Services?

PYMNTS

The October Subscription Commerce Tracker highlights the latest players taking their first steps into the subscription market, plus the ways in which the subscription model is being used to deliver more than just meal kits and movies to subscribers. Notable Headlines From The Subscription Space. Deep Dive: Digital Fitness . billion by 2022.

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Equifax Still Fights To Regain Trust As Q2 Sales Slump

PYMNTS

the Atlanta-based credit reporting agency, reported lower earnings in the second quarter, mainly due to weakness in its U.S. Information Services [USIS] business, including lower revenue in both its online information solutions and financial marketing services businesses. Equifax Inc., Net income fell 12 percent to $144.8